YTB, the multi-level marketing company, has been included on the Travel Weekly Power list for several years. Each year, their numbers are challenged and each year, it seems that they used a different method for determining what they reported.
The minimum cut off for inclusion in the 2012 Power List is $100M in sales and it appears that YTB did not make the list.
With YTB's failure to complete the federally required SEC filings for the year ending 2011 and the the first quarter of 2012, we can have no idea how many "agents" YTB actually was able to retain as they floundered between selling travel, coffee, insurance, girdles, electricity, and any number of other non-related products.
It will be interesting to see if the acquisition of YTB by First Travel Alliance or the return of Andy Cauthen makes a difference. Will YTB be able to pull it back up, or is the downward spiral. With a market cap under $3 million and their stock trading close to 2 cents for the better part of a year, it makes one wonder.
As I said in my previous post, time will tell. But if Travel Weekly is any indicator, it seems that YTB may indeed be done in the travel business.Email ThisBlogThis!Share to TwitterShare to FacebookPosted byJohnat4:17 PM
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